Procurement Executive
Responsibilities:
- Develop and execute sourcing strategies to achieve cost, quality, delivery, and supply continuity objectives.
- Identify, evaluate, qualify, and develop new suppliers while maintaining strong relationships with existing suppliers.
- Lead supplier selection, RFQ/RFP processes, quotation analysis, and contract negotiations to secure the best commercial terms.
- Drive cost reduction and value engineering initiatives through strategic sourcing, supplier collaboration, process improvements, and market benchmarking.
- Conduct market research and supplier analysis to identify opportunities, manage supply risks, and ensure competitiveness.
- Negotiate pricing, payment terms, contracts, and long-term supply agreements with suppliers.
- Monitor supplier performance, including quality, cost, delivery, and responsiveness, and implement corrective actions where necessary.
- Ensure sourcing activities comply with company policies, procurement procedures, and applicable regulatory requirements.
Requirements:
- Minimum Diploma or Bachelor's Degree in Supply Chain Management, Purchasing, Business Administration, Engineering, or a related field.
- At least 3 years of relevant experience in strategic sourcing, procurement, or supplier management, preferably in a manufacturing environment.
- Proven experience in supplier sourcing, supplier evaluation, contract negotiation, and supplier relationship management.
- Strong negotiation, analytical, and cost management skills with a tract, record of delivering cost-saving initiatives.
- Experience in strategic sourcing, RFQ/RFP processes, supplier benchmarking, and market analysis.
- Proficiency in Microsoft Excel and working knowledge of SAP or other ERP systems.
- Strong communication and stakeholder management skills, with the ability to collaborate effectively across cross-functional teams.
- Self-motivated, proactive, and able to manage multiple sourcing projects independently.
- Detail-oriented, organized, and able to perform well under pressure in a fast-paced environment.